What is the primary factor that determines the long-term impact of elections on the Indian market and economy?
Short-term market volatility
Government policies and economic reforms
Investor sentiment during election campaigns
The size of the winning party's majority
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Which political event in 1991 significantly impacted the Indian stock market and economy?
The formation of the National Front coalition
The assassination of PM Rajiv Gandhi
The implementation of economic reforms by PV Narasimha Rao
The Asian Financial Crisis
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What was the market's reaction to the NDA's victory in the 1999 general election?
The Sensex declined by 7% due to unexpected results
The Sensex rallied by about 7% and continued an upward trend
The market experienced high volatility and instability
The GDP growth rate plummeted to 3%
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How did the global financial crisis of 2008 impact the Indian stock market?
It led to a sustained bull market until 2009
It had no significant impact on the Indian market
It brought an end to the bull market, followed by a recovery in 2009
It resulted in a 17% gain in the Sensex in a single day
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What was the primary reason for the positive market response to the NDA's return to power in 2014?
The expectation of political instability and uncertainty
The anticipation of economic reforms and a stable government
The continuation of UPA's economic policies
The global economic slowdown and high oil prices
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What was a significant characteristic of the Indian stock market during the 2019 election period?
A prolonged period of stability and steady growth
A complete absence of volatility due to political certainty
Periods of volatility influenced by election-related news and expectations
A consistent decline in major stock indices leading up to the election
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